Bài giảng marketing quốc tế 12
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Corruption in China
MARK 5940
Week 6 : Assessing Cultural/Corporate Environments
2
Group Members:
•
Irene Chan (2154259)
•
Yuli Yanti Tjia (3071213)
•
Joy Chu-Wui Teh (3047513)
•
Yu-ning Kuo (3048357)
•
Alisa Khosanunte (3081698)
•
Tzyy Jiann Soong (3038271)
3
Outline of Presentation
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Introduction
•
Different types and classifications of bribes,
payments, or favors
•
Illegal bribes, payments, or favors under FCPA
•
Ethical response based on three ethical principles
•
China in the future
•
Alternatives to paying bribes in international
market
•
References
4
Definition
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Bribery: voluntarily offered payment by someone seeking
unlawful advantage.
•
Extortion: payments which are extracted under duress by
someone in authority from a person seeking only what they are
lawfully entitled to.
•
Lubrication: a relatively small sum of cash, a gift, or a service
given to a low-ranking official in a country where such
offerings are not prohibited by law.
•
Subornation: large sums of money, frequently not properly
accounted for, designed to entice an official to commit an
illegal act on behalf of the one offering the bribe.
(Cateora and Graham, 2002)
5
Definition…cont’d
•
Foreign Corrupt Practices Act (FCPA): Act enacted
by Congress in 1977 and amended in 1988, which
forbids individuals as well as businesses and their
respective officers, directors, employees, or any
stockholders acting on their behalf, from paying money
or anything of value to a foreign official in order to
influence any act or decision of such official in violation
of his lawful duty.
( Klubes and Iraola, 1996)
